On Par GSF Blog

2019 Best Mortgage Companies to Work For

MILWAUKEE, WI  (January 9, 2019) — GSF Mortgage Corporation has been named one of 2019’s Best Mortgage Companies to Work for. This program was created by National Mortgage News and Best Companies Group.

How to Dispute an Error on your Credit Report

According to data from the Federal Trade Commission, about 20 percent of credit reports have an error on them.  Since your credit score plays a large role in your ability to qualify for a mortgage loan, it’s important to review your credit report once a year. 

It's Never Too Late To Start Rebuilding Your Credit.

Many factors determine your home loan, such as income, debt, and savings.  However, your credit score is a big influence in determining your ability to qualify for a mortgage.  The better your score, the better your chances are of getting a favorable loan and potentially better interest rates.

Is Single Close Construction the Right Move for You?

Whether you don’t have cash available for a down payment or you can’t find a home that best fits your needs, building your dream home may be an option for you.  A Single Close Construction provides a finance option that helps make building your dream home easier.

Manufactured or Modular - What's the Difference?

Manufactured and modular homes are growing in popularity and have dramatically changed in appearance and quality over the years. 

Determining Interest Rates

Mortgage rates have a significant role in how much home you can afford.  If you feel like you missed getting a low mortgage rate, keep in mind current rates are still lower than they were 10 years ago and historically, they are still very good.

Who needs 20% down? Not you!

Home buyers may overestimate the down payment funds needed to qualify for a home loan.  Also, the misconception exists that 20 percent is needed for a down payment, or you can’t qualify for a mortgage.  

What's Included in your Monthly Mortgage Payment?

When buying a home, it’s important to know what your monthly mortgage payment will be, but also what goes into that payment.  By understanding what goes into that payment, you can better understand what you can afford and what your new home will really cost.

Turn Equity Into Cash

A cash-out refinance allows the homeowner to pull out equity from their property in the form of cash. With a cash-out refinance, the homeowner can lower their interest rate or change the loan term length if current interest rates allow. 

How Does a Single Close Construction Loan Work?

A Construction-to-Permanent Single Closed loan can provide financing for both the construction loan and the permanent loan.  The benefits of a single close option is there is only one closing and no re-qualifying for the permanent loan, saving customers time and money.  Additionally, depending on the permanent loan product selected, the customer may also benefit by not having to make any payments during the...